Form 8 - Molten Ventures Plc: FEE-Form 8 (OPD)

(a) Full name of discloser:

Molten Ventures plc

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

 The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.

N/a

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

 Use a separate form for each offeror/offeree

Molten Ventures plc

(d) Is the discloser the offeror or the offeree?

OFFEROR

(e) Date position held:

 The latest practicable date prior to the disclosure

7 December 2023

(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

 If it is a cash offer or possible cash offer, state “N/A”

YES – Forward Partners Group plc

Class of relevant security:

Ordinary shares of £0.01 each

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

Nil

-

Nil

-

(2) Cash-settled derivatives:

Nil

-

Nil

-

(3) Stock-settled derivatives (including options) and agreements to purchase/sell:

Nil

-

Nil

-

 TOTAL:

Nil

-

Nil

-

Class of relevant security in relation to which subscription right exists:

N/A

Details, including nature of the rights concerned and relevant percentages:

N/A

Details of any interests, short positions and rights to subscribe (including directors’ and other employee options) of any person acting in concert with the party to the offer making the disclosure:

1. Directors of Molten Ventures plc:

1. Ordinary shares of £0.01 each in the capital of Molten Ventures plc ("Shares") held by the directors of Molten Ventures plc, their close relatives and related trusts:

*Of which 16,279 are beneficially owned by Jane Davis, the wife of Martin Davis.

**Beneficially owned by Kevin Maher, the husband of Gervaise Slowey.

2. Options and awards granted under Molten Ventures plc's share incentive schemes held by the directors of Molten Ventures plc:

      * The options will expire if any performance conditions to which they are subject have not been met by the vest date and otherwise if they have not been exercised by the tenth anniversary of the grant date.

2. Interests (unallocated Shares) held by connected employee benefit trust of Molten Ventures plc:

* The total number of Shares held within the employee benefit trust which are unallocated under any Molten Ventures plc incentive scheme.

3. Interests and short positions held by Goodbody Stockbrokers UC, trading as Goodbody, connected adviser of Molten Ventures plc:

* Held on behalf of discretionary investment clients.

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

None.

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state “none”

None.

Supplemental Form 8 (Open Positions)

YES

Supplemental Form 8 (SBL)

NO

Date of disclosure:

8 December 2023

Contact name:

Gareth Faith

Telephone number:

07871 735499

Full name of person making disclosure:

Molten Ventures plc

Name of offeror/offeree in relation to whose relevant securities the disclosure relates:

Molten Ventures plc

Class of relevant security

Product description e.g. call option

Written or purchased

Number of securities to which option or derivative relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

-

-

-

-

-

-

-

Full details should be given so that the nature of the interest or position can be fully understood:

Participation by directors of Molten Ventures plc in conditional placing of new ordinary shares of £0.01 each ("Shares")

On 27 November 2023, the following directors of Molten Ventures plc subscribed for the following number of new ordinary shares of £0.01 each in the capital of Molten Ventures plc ("Placing Shares") pursuant to a placing at an issue price of 270 pence per Placing Share (the "Placing"):

The Placing is conditional, inter alia, on shareholders approving the issue of the Placing Shares at a discount to the last reported NAV per Ordinary Share (the "Resolution") at the General Meeting to be convened at 10.00 a.m. on 14 December 2023 (the "General Meeting"). Subject to approval by shareholders of the Resolution at the General Meeting, it is expected that settlement will occur on 15 December 2023.